Proposed Collection; Comment Request, 41828-41829 [2011-17815]
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Federal Register / Vol. 76, No. 136 / Friday, July 15, 2011 / Notices
Written comments are invited on:
(a) Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’s
estimate of the burden of the proposed
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; and
(d) ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
The Commission may not conduct or
sponsor a collection of information
unless it displays a currently valid OMB
control number. No person shall be
subject to any penalty for failing to
comply with a collection of information
subject to the PRA that does not display
a valid OMB control number.
Please direct your written comments
to: Thomas Bayer, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 6432 General Green Way,
Alexandria, Virginia 22312 or send an
e-mail to: PRA_Mailbox@sec.gov.
Dated: July 8, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011–17803 Filed 7–14–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copy Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
mstockstill on DSK4VPTVN1PROD with NOTICES
Extension:
Form N–54A; SEC File No. 270–182; OMB
Control No. 3235–0237.
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission (the
‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget (‘‘OMB’’) for
extension and approval.
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16:55 Jul 14, 2011
Jkt 223001
Under the Investment Company Act
of 1940 (15 U.S.C. 80a–1 et seq.) (the
‘‘Investment Company Act’’), certain
investment companies can elect to be
regulated as business development
companies, as defined in Section
2(a)(48) of the Investment Company Act
(15 U.S.C. 80a–2(a)(48)). Under Section
54(a) of the Investment Company Act
(15 U.S.C. 80a–53(a)), any company
defined in Section 2(a)(48)(A) and (B)
may elect to be subject to the provisions
of Sections 55 through 65 of the
Investment Company Act (15 U.S.C.
80a–54 to 80a–64) by filing with the
Commission a notification of election, if
such company has: (1) A class of equity
securities registered under Section 12 of
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’); or
(2) filed a registration statement
pursuant to Section 12 of the Exchange
Act for a class of equity securities. The
Commission has adopted Form N–54A
(17 CFR 274.53) as the form for
notification of election to be regulated
as business development companies.
The purpose of Form N–54A is to
notify the Commission that the
investment company making the
notification elects to be subject to
Sections 55 through 65 of the
Investment Company Act, enabling the
Commission to administer those
provisions of the Investment Company
Act to such companies.
The Commission estimates that on
average approximately seven business
development companies file these
notifications each year. Each of those
business development companies need
only make a single filing of Form N–
54A. The Commission further estimates
that this information collection imposes
a burden of 0.5 hours, resulting in a
total annual time burden of 3.5 hours.
Based on the estimated wage rate, the
total cost to the business development
company industry of the hour burden
for complying with Form N–54A would
be approximately $1,120.
The collection of information under
Form N–54A is mandatory. The
information provided under the form is
not kept confidential. An agency may
not conduct or sponsor, and a person is
not required to respond to, a collection
of information unless it displays a
currently valid OMB control number.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
PO 00000
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Fmt 4703
Sfmt 4703
information collected; and (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology. Consideration will be given
to comments and suggestions submitted
in writing within 60 days of this
publication.
Please direct your written comments
to Thomas Bayer, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 6432 General Green Way,
Alexandria, VA 22312; or send an email to: PRA_Mailbox@sec.gov.
Dated: July 7, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011–17817 Filed 7–14–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Rule 31a–1; SEC File No. 270–173; OMB
Control No. 3235–0178.
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501–3520), the Securities
and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collections of information
summarized below. The Commission
plans to submit these existing
collections of information to the Office
of Management and Budget for
extension.
Rule 31a–1 (17 CFR 270.31a–1) under
the Investment Company Act of 1940
(the ‘‘Act’’) (15 U.S.C. 80a) is entitled
‘‘Records to be maintained by registered
investment companies, certain majorityowned subsidiaries thereof, and other
persons having transactions with
registered investment companies.’’ Rule
31a–1 requires registered investment
companies (‘‘funds’’), and every
underwriter, broker, dealer, or
investment adviser that is a majorityowned subsidiary of a fund, to maintain
and keep current accounts, books, and
other documents which constitute the
record forming the basis for financial
statements required to be filed pursuant
to section 31 of the Act (15 U.S.C. 80a–
30) and of the auditor’s certificates
relating thereto. The rule lists specific
E:\FR\FM\15JYN1.SGM
15JYN1
mstockstill on DSK4VPTVN1PROD with NOTICES
Federal Register / Vol. 76, No. 136 / Friday, July 15, 2011 / Notices
records to be maintained by funds. The
rule also requires certain underwriters,
brokers, dealers, depositors, and
investment advisers to maintain the
records that they are required to
maintain under federal securities laws.
There are approximately 4218
investment companies registered with
the Commission, all of which are
required to comply with rule 31a–1. For
purposes of determining the burden
imposed by rule 31a–1, the Commission
staff estimates that each fund is divided
into approximately four series, on
average, and that each series is required
to comply with the recordkeeping
requirements of rule 31a–1. Based on
conversations with fund representatives,
it is estimated that rule 31a–1 imposes
an average burden of approximately
1750 hours annually per series for a
total of 7000 annual hours per fund. The
estimated total annual burden for all
4218 funds subject to the rule therefore
is approximately 29,526,000 hours.
Based on conversations with fund
representatives, however, the
Commission staff estimates that even
absent the requirements of rule 31a–1,
90 percent of the records created
pursuant to the rule are the type that
generally would be created as a matter
of normal business practice and to
prepare financial statements, estimated
to be approximately 26,573,400 annual
hours. Thus, the Commission staff
estimates that the total annual burden
associated with rule 31a–1 is 2,952,600
hours.
The estimate of average burden hours
is made solely for the purposes of the
Paperwork Reduction Act, and is not
derived from a comprehensive or even
a representative survey or study. An
agency may not conduct or sponsor, and
a person is not required to respond to,
a collection of information unless it
displays a currently valid OMB control
number.
Written comments are requested on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information has practical utility; (b) the
accuracy of the Commission’s estimate
of the burden(s) of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology. Consideration will be given
to comments and suggestions submitted
in writing within 60 days of this
publication.
VerDate Mar<15>2010
16:55 Jul 14, 2011
Jkt 223001
Please direct your written comments
to Thomas Bayer, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 6432 General Green Way,
Alexandria, VA 22312; or send an
e-mail to: PRA_Mailbox@sec.gov.
Dated: July 7, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011–17815 Filed 7–14–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–29719; 812–13919]
J.P. Morgan Securities LLC, et al.;
Notice of Application and Temporary
Order
July 11, 2011.
Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Temporary order and notice of
application for a permanent order under
section 9(c) of the Investment Company
Act of 1940 (‘‘Act’’).
AGENCY:
Applicants
have received a temporary order
exempting them from section 9(a) of the
Act, with respect to an injunction
entered against J.P. Morgan Securities
LLC (‘‘JPMS’’) on July 8, 2011 by the
United States District Court for the
District of New Jersey (‘‘Injunction’’)
until the Commission takes final action
on an application for a permanent order.
Applicants also have applied for a
permanent order.
APPLICANTS: JPMS; Bear Stearns Asset
Management Inc. (‘‘BSAM’’), Bear
Stearns Health Innoventures
Management, L.L.C. (‘‘BSHIM’’), BSCGP
Inc. (‘‘BSGCP’’), Constellation Growth
Capital LLC (‘‘Constellation’’),
Constellation Ventures Management II,
LLC (‘‘Constellation II’’), Highbridge
Capital Management, LLC
(‘‘Highbridge’’), JF International
Management Inc. (‘‘JFIMI’’), JPMorgan
Asset Management (UK) Limited
(‘‘JPMAMUK’’), JPMorgan Distribution
Services, Inc. (‘‘JPMDS’’), J.P. Morgan
Institutional Investments, Inc. (‘‘JPMII’’),
J.P. Morgan Investment Management
Inc. (‘‘JPMIM’’), J.P. Morgan Latin
America Management Company, LLC
(‘‘JPMLAM’’), J.P. Morgan Partners, LLC
(‘‘JPMP’’), J.P. Morgan Private
Investments Inc. (‘‘JPMPI’’), OEP CoInvestors Management II, Ltd. (‘‘OEP
II’’), OEP Co-Investors Management III,
Ltd. (‘‘OEP III,’’ and together with OEP
II, the ‘‘OEP Entities’’), Security Capital
Research & Management Incorporated
SUMMARY OF APPLICATION:
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41829
(‘‘Security Capital’’), Sixty Wall Street
GP Corporation (‘‘Sixty Wall GP’’), Sixty
Wall Street Management Company, LLC
(‘‘Sixty Wall Management’’) and
Technology Coinvestors Management,
LLC (‘‘TCM’’) (each an ‘‘Applicant’’ and
collectively, the ‘‘Applicants’’).1
FILING DATE: The application was filed
on July 7, 2011 and amended on July 11,
2011.
HEARING OR NOTIFICATION OF HEARING: An
order granting the application will be
issued unless the Commission orders a
hearing. Interested persons may request
a hearing by writing to the
Commission’s Secretary and serving
applicants with a copy of the request,
personally or by mail. Hearing requests
should be received by the Commission
by 5:30 p.m. on August 5, 2011, and
should be accompanied by proof of
service on applicants, in the form of an
affidavit or, for lawyers, a certificate of
service. Hearing requests should state
the nature of the writer’s interest, the
reason for the request, and the issues
contested. Persons who wish to be
notified of a hearing may request
notification by writing to the
Commission’s Secretary.
ADDRESSES: Secretary, U.S. Securities
and Exchange Commission, 100 F
Street, NE., Washington, DC 20549–
1090; Applicants: JPMS, 338 Madison
Avenue, New York, NY 10179; BSAM,
BSHIM, BSCGP, Constellation II, JPMII,
JPMIM, JPMLAM, JPMP, JPMPI, Sixty
Wall GP, Sixty Wall Management and
TCM, 270 Park Avenue, New York, NY
10017; Constellation and Highbridge, 49
West 57th Street, 32nd Floor, New York,
NY 10019; JFIMI, 21st Floor, Chater
House, 8 Connaught Road Central, Hong
Kong; JPMAMUK, 125 London Wall,
London, UK, EC2Y5AJ; JPMDS, 1111
Polaris Parkway, Columbus, OH 43240;
OEP Entities, 320 Park Avenue, 18th
Floor, New York, NY 10022; and
Security Capital, 10 South Dearborn
Street, Suite 1400, Chicago, IL 60603.
FOR FURTHER INFORMATION CONTACT: Jean
E. Minarick, Senior Counsel, at 202–
551–6811 or Daniele Marchesani,
Branch Chief, at 202–551–6821
(Division of Investment Management,
Office of Investment Company
Regulation).
SUPPLEMENTARY INFORMATION: The
following is a temporary order and
summary of the application. The
complete application may be obtained
via the Commission’s website by
1 Applicants request that any relief granted
pursuant to the application also apply to any other
company of which JPMS is or may become an
affiliated person within the meaning of section
2(a)(3) of the Act (together with the Applicants, the
‘‘Covered Persons’’).
E:\FR\FM\15JYN1.SGM
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]]>Agencies
[Federal Register Volume 76, Number 136 (Friday, July 15, 2011)]
[Notices]
[Pages 41828-41829]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-17815]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213.
Extension:
Rule 31a-1; SEC File No. 270-173; OMB Control No. 3235-0178.
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501-3520), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the collections
of information summarized below. The Commission plans to submit these
existing collections of information to the Office of Management and
Budget for extension.
Rule 31a-1 (17 CFR 270.31a-1) under the Investment Company Act of
1940 (the ``Act'') (15 U.S.C. 80a) is entitled ``Records to be
maintained by registered investment companies, certain majority-owned
subsidiaries thereof, and other persons having transactions with
registered investment companies.'' Rule 31a-1 requires registered
investment companies (``funds''), and every underwriter, broker,
dealer, or investment adviser that is a majority-owned subsidiary of a
fund, to maintain and keep current accounts, books, and other documents
which constitute the record forming the basis for financial statements
required to be filed pursuant to section 31 of the Act (15 U.S.C. 80a-
30) and of the auditor's certificates relating thereto. The rule lists
specific
[[Page 41829]]
records to be maintained by funds. The rule also requires certain
underwriters, brokers, dealers, depositors, and investment advisers to
maintain the records that they are required to maintain under federal
securities laws.
There are approximately 4218 investment companies registered with
the Commission, all of which are required to comply with rule 31a-1.
For purposes of determining the burden imposed by rule 31a-1, the
Commission staff estimates that each fund is divided into approximately
four series, on average, and that each series is required to comply
with the recordkeeping requirements of rule 31a-1. Based on
conversations with fund representatives, it is estimated that rule 31a-
1 imposes an average burden of approximately 1750 hours annually per
series for a total of 7000 annual hours per fund. The estimated total
annual burden for all 4218 funds subject to the rule therefore is
approximately 29,526,000 hours. Based on conversations with fund
representatives, however, the Commission staff estimates that even
absent the requirements of rule 31a-1, 90 percent of the records
created pursuant to the rule are the type that generally would be
created as a matter of normal business practice and to prepare
financial statements, estimated to be approximately 26,573,400 annual
hours. Thus, the Commission staff estimates that the total annual
burden associated with rule 31a-1 is 2,952,600 hours.
The estimate of average burden hours is made solely for the
purposes of the Paperwork Reduction Act, and is not derived from a
comprehensive or even a representative survey or study. An agency may
not conduct or sponsor, and a person is not required to respond to, a
collection of information unless it displays a currently valid OMB
control number.
Written comments are requested on: (a) Whether the collection of
information is necessary for the proper performance of the functions of
the Commission, including whether the information has practical
utility; (b) the accuracy of the Commission's estimate of the burden(s)
of the collection of information; (c) ways to enhance the quality,
utility, and clarity of the information collected; and (d) ways to
minimize the burden of the collection of information on respondents,
including through the use of automated collection techniques or other
forms of information technology. Consideration will be given to
comments and suggestions submitted in writing within 60 days of this
publication.
Please direct your written comments to Thomas Bayer, Director/Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 6432 General Green Way, Alexandria, VA 22312; or send an
e-mail to: PRA_Mailbox@sec.gov.
Dated: July 7, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011-17815 Filed 7-14-11; 8:45 am]
BILLING CODE 8011-01-P
